Apple Co-Founder Steve Wozniak on Blockchain and Crypto

During the ChainXchange blockchain conference held in Las Vegas last week, Apple co-founder Steve Wozniak gave his thoughts on blockchain technology and cryptocurrency. Wozniak has had a fascination with Bitcoin for quite a few years now, even though one of his first Bitcoin transactions ended up with him being scammed. Though the bad first impression taught the developer, affectionately known as “Woz”, the risk and finality that comes with Bitcoin transactions, Woz has not let that experience deter him away from crypto.

“It had so many unusual aspects for any technology I had ever heard of. Nobody is really known to be the creator. It doesn’t have any centralized component. It’s based on mathematics. There’s a certain number of Bitcoin that can ever exist… Mathematics to me is like nature. It’s much better than human beings… I trust those things of nature more than what man makes up. Man makes up currencies, controls them, issues new US dollars every year; Bitcoin was immune to that.”

Woz has since then been getting more involved in blockchain technology. He describes a new company he’s working with that provides investments by investors on the blockchain. Their approach is not a new currency, but more of a share of stock in a company. In one instance, they have someone in their group that has listed out a whole apartment building for Bitcoin.

When asked about other crypto platforms like Ethereum, Woz said he sees use of Ethereum similar to how its seen on Apple. Thousands of companies develop apps to be used on Apple’s platform, the same way many coins and dApps launch on Ethereum. Woz sees the use case and tools that Ethereum provides for blockchain applications but still sees Bitcoin as digital gold.